News Release: HSA PrimeCare Announces Completion of 5,168 SF Expansion at The University of Chicago Comprehensive Medicine Cancer Center in Suburban Chicago
FOR IMMEDIATE RELEASE: CHICAGO (May 9, 2022) — HSA PrimeCare, the national healthcare real estate division of Chicago-based HSA Commercial Real Estate, today announced it has completed a 5,168-square-foot expansion of The University of Chicago Medicine Comprehensive Cancer Center, located on the Silver Cross Hospital campus in New Lenox, Ill. UChicago Medicine was looking to […]
News Release: $193.76M construction loan secured for sustainable life sciences project
JLL Capital Markets led financing efforts for a state-of-the-art, fully leased life science development in Boston’s booming Seaport District BOSTON, May 9, 2022 – JLL Capital Markets announced today that it has arranged a $193.76 million construction loan for the development of new 262,468-square-foot life science campus at Parcels O and P in the Raymond […]
News Release: Trammell Crow Company Announces Plans for a Life Sciences Campus in Maryland
Montgomery County, MD | May 9, 2022 Trammell Crow Company (TCC), a global commercial real estate developer, today unveiled plans to develop The Labs at Belward, a world-class life science campus, in the Shady Grove area of Montgomery County, Md. The Labs at Belward, located at the Belward Campus of The Johns Hopkins University, will […]
News Release: Industrial building in San Diego receives $27.4M in financing
JLL Capital Markets led financing efforts for the acquisition and reposition of the soon-to-be life science building in the North County submarket SAN DIEGO, May 9, 2022 – JLL Capital Markets announced today that it has arranged $27.4 million in financing for the acquisition and repositioning of 2065 Thibodo Rd., a 76,872-square-foot industrial building in […]
News Release: Ventas Reports 2022 First Quarter Results
May 05, 2022 05:00 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2022. Highlights Net Income Attributable to Common Stockholders (“Net Income”) per share of $0.10 Normalized Funds from Operations* (“Normalized FFO”) per share of $0.79, inclusive of the benefit […]
News Release: Ventas and Sunrise Senior Living Revise Management Agreement to Capitalize on Senior Housing Recovery
Mutually Beneficial Agreement to Incentivize Accelerated NOI Performance at 92 Ventas Senior Housing Communities Operated by Sunrise Advances Ventas’s Right Asset, Right Market, Right Operator TM Senior Housing Strategy May 05, 2022 04:57 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced today that it has entered into a revised, […]
News Release: Ventas Appoints Bill “BJ” Grant Senior Vice President, Investor Relations
May 05, 2022 04:55 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) today announced that Bill (“BJ”) Grant will join the Company as Senior Vice President, Investor Relations, effective May 9, 2022. He will report to Executive Vice President and Chief Financial Officer Robert F. Probst. Mr. Grant brings more than 20 years of […]
News Release: Global Medical REIT Announces First Quarter 2022 Financial Results
Invests $24 Million in Medical Real Estate During First Quarter and $54 Million Year-to-Date, with an additional $53 Million Under Contract May 04, 2022 04:05 PM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built […]
News Release: Sabra Reports First Quarter 2022 Results; Provides Business Update
May 04, 2022 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the first quarter of 2022. In addition, the Company provided a business update. FIRST QUARTER 2022 RESULTS AND RECENT EVENTS Results per diluted common share for […]
News Release: $215M refinancing arranged for mixed-use portfolio in Pennsylvania and Maryland
JLL Capital Markets secured financing for the 30-property retail, medical office and office portfolio on behalf of Paramount Realty NEW YORK, N.Y., May 4, 2022 – JLL Capital Markets announced today that it has arranged $215 million for the refinancing of a 30-property portfolio totaling 1.67 million square feet of retail and medical and traditional […]
News Release: Addition Of 5 New Medical Facilities Enhances Stream Realty Partners’ Robust Health Care Portfolio In San Antonio
May 4, 2022 | San Antonio Stream Realty Partners has expanded its health care real estate footprint in San Antonio by adding more than 100,000 square feet of medical office space to its leasing portfolio and developing an additional 60,000 square feet. Stream, a national real estate services, development, and investment company, is developing OneFiftyOne […]
Cover Story: Partnerships: Powering healthcare real estate to the next level
By Murray W. Wolf Partnerships are nothing new in commercial real estate. In fact, a partnership is probably the most common ownership model for most types of commercial property, including healthcare real estate (HRE). But what’s different about partnerships in today’s HRE space is their rapidly expanding size and scope, as well as who’s doing […]
Life Sciences: Life sciences: The very definition of “hot”
High demand, low vacancies and rising rents are fueling investment, development, repurposing and other trends in this sizzling sector By Erin E. Porter Editor’s note: At HREI™, we’ve always believed that the best way to succeed in any business is to listen to the marketplace. So after taking note of the growing chorus of voices […]
News Release: Recent MOB Closing | CREG U.S. Healthcare Investment Sales (The Surgery Center of Fairbanks)
RECENT CLOSING The Surgery Center of Fairbanks Closing Date – March 2022 Type – ASC anchored MOB Location – Alaska Price -$22,300,000 $/SF – $555/SF Jonathan Kesler Senior Director U.S. Healthcare Investment Sales 706-836-1352 Andrew Larwood Managing Partner & Principal U.S. Healthcare Investment Sales 404-400-5410 Allen Inman Managing Partner & Principal U.S. Healthcare Investment Sales […]
News Release: Physicians Realty Trust Reports First Quarter 2022 Financial Results
Announces $0.06 Net Income per Share and $0.27 Normalized FFO per Share for the First Quarter of 2022 First Quarter Highlights: Reported first quarter 2022 total revenue of $130.4 million, an increase of 15.0% over the prior year period. Generated first quarter net income per share of $0.06 on a fully diluted basis. Generated first […]